Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Wednesday 15 May 2024 2:16 pm  |  Updated:  Wednesday 15 May 2024 2:18 pm

Labour to launch AI strategy within a ‘couple of weeks’ as election priming continues

By: Jess Jones

TMT Reporter

Add as a preferred source on Google
Labour is preparing to launch its AI tech strategy, as it continues to drip-feed policies ahead of a general election.
Labour is preparing to launch its AI tech strategy, as it continues to drip-feed policies ahead of a general election.

Labour’s shadow science minister has said the party will launch its strategy on artificial intelligence (AI) within the next couple of weeks, as it looks to cement its technology policies ahead of the next general election.

Peter Kyle, Labour’s shadow science, innovation and technology secretary, yesterday evening told an audience of business leaders: “In a couple of weeks’ time you’ll see the launch of the AI strategy and you’re going to start to see, as we approach the government, the sheer scale of ambition that we have for what we can do together.”

“We are formulating a plan for government that will harness your innovation and your insight into the economy, the drive that you have,” added Kyle, who was speaking at a Labour business dinner held at London’s Science Museum

“If it is out there in the private sector creating wealth and jobs for our country, then we want to make sure that you have the economy that fully capitalises it and that you don’t have to go abroad to get the money that you need to upscale…and the skills that you need”

Kyle also emphasised that Labour wants to forge a stronger partnership between industry and government.

One attendee, Libero Raspa, director of IT consultancy Adesso UK supported this idea. He said: “With the support of industry experts, innovation hubs, and cross-sector committees, [policymakers] can better understand the stages at which their actions impact innovation and be better positioned to protect public interests while also encouraging technological and business advancements.”

Raspa added that it is “critical” that policymakers have a clear action plan in place to ensure AI is deployed responsibly.

But, he warned that “policymakers need to strike a balance between necessary regulation and fostering an environment conducive to innovation.”

Read more

Peter Kyle vows state will take bigger stakes in Britain’s next tech giants

Peter Kyle speaking at a podium during a press conference, addressing current issues and developments

The Conservative government is currently pushing a pro-innovation agenda with an “agile” approach to regulating AI and emerging technologies. 

“It’s encouraging to see AI at the top of the political agenda,” said one attendee Derek Mackenzie, chief executive of Investigo, a tech recruitment platform and part of the IN Group. 

“Particularly with the UK’s skills shortage leaving businesses struggling to recruit the highly skilled staff they need to reap the full benefits of the technology.  

Derek Mackenzie

“Moving forward, we need to see more collaboration between policymakers, businesses, and academic institutions to ensure the UK is training the next generation of AI talent, as well as spreading skills across existing workforces.” 

AI legislation is making headway through Number 10, having progressed from Lords to Commons last week.

Labour has so far been tight-lipped on the subject of AI but this may be changing with the general election just round the corner.

The man who introduced the bill to parliament, Chris Holmes, recently told City PM that there has been “a development and more positive signs coming out of Labour as well in terms of their intentions for legislating for AI.”

It comes as the world’s second artificial intelligence (AI) safety summit is gearing up to take place in Seoul next week. South Korea and the UK are co-hosting the two-day affair that will see politicians and industry come together to discuss the progress of AI.

Read more

Britain to offer visa refunds to woo tech scale-ups

Peter Kyle speaking at a podium during a press conference, addressing current issues and developments

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech
  • Politics

Related Topics

  • Artificial intelligence (AI) and robots
  • Labour Party

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Brewdog chief executive quits after only one year

  • Nothing fails to file accounts months after dissolution threat

  • UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

More from City PM

  • Peter Kyle vows state will take bigger stakes in Britain’s next tech giants

    Tech
    Peter Kyle speaking at a podium during a press conference, addressing current issues and developments
  • Britain to offer visa refunds to woo tech scale-ups

    Tech
    Peter Kyle speaking at a podium during a press conference, addressing current issues and developments
  • Instead of picking winners, Peter Kyle should get out of their way

    Opinion
    Peter Kyle speaking at a podium during a press conference, addressing current issues and developments
  • Billionaire Labour backer John Caudwell: I was misled by ‘disastrous’ Starmer

    Politics
    John Caudwell in a formal setting, possibly during a business meeting or public speaking event, conveying professionalism.
  • Zero-hour crackdown could wipe out seasonal work, Labour warned

    Retail
    Labour MPs are being warned a “perfect storm” of costs facing the retail sector could see seats lost to Reform UK.
  • Liz Kendall ramps up push to funnel pension cash into UK startups

    Tech
    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Starmer resigns as Prime Minister

    Politics
    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • Specialist tech recruiter sees hiring slump across UK and Europe

    Tech
    Skyline of Canada financial district with modern skyscrapers and historic landmarks under a clear blue sky

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy